Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) Shares Up 42.2% – Time to Buy?

Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) shares were up 42.2% on Tuesday . The stock traded as high as $43.4896 and last traded at $61.10. Approximately 34 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 3,635 shares. The stock had previously closed at $42.9772.

Goldman Sachs MarketBeta Emerging Markets Equity ETF Stock Performance

The firm has a market cap of $140.53 million, a P/E ratio of 15.21 and a beta of 0.61. The firm’s fifty day moving average is $58.12 and its 200 day moving average is $55.88.

Institutional Investors Weigh In On Goldman Sachs MarketBeta Emerging Markets Equity ETF

A hedge fund recently raised its stake in Goldman Sachs MarketBeta Emerging Markets Equity ETF stock. Citadel Advisors LLC lifted its position in shares of Goldman Sachs MarketBeta Emerging Markets Equity ETF (BATS:GSEE) by 82.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,583 shares of the company’s stock after purchasing an additional 35,418 shares during the period. Citadel Advisors LLC owned 3.42% of Goldman Sachs MarketBeta Emerging Markets Equity ETF worth $4,364,000 as of its most recent filing with the Securities and Exchange Commission.

About Goldman Sachs MarketBeta Emerging Markets Equity ETF

The Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market equities, selected and weighted by market capitalization. GSEE was launched on May 12, 2020 and is managed by Goldman Sachs.